Union Budget’s mixed impact may sway middle-class voters in Delhi election

The Union Budget 2025 has brought mixed reactions from Delhi residents, particularly the middle class, ahead of the February 5 assembly election. While the budget provides significant tax relief, exempting income up to Rs 12 lakh from taxes, some feel it may not be enough to counter rising living costs.

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On January 22, AAP released a 7-point manifesto, demanding tax exemption up to Rs 10 lakh, and the budget’s announcement has surpassed that expectation. However, AAP has criticised the Centre, terming the budget a “major disappointment”.

Every year, when the Finance Minister presents the Union Budget, experts and analysts dissect its impact on the economy. However, for the common man, the budget is not about fiscal deficits, GDP growth rates, or capital expenditure — it’s about how it will affect his daily life.

Middle-class voters, who make up a significant portion of the 70-member assembly, may benefit from the tax relief. Ramesh Gupta, a software engineer, welcomed the move, saying it would help him invest in his family’s future. Priya Sharma, a private school teacher, echoed similar sentiments, stating it would ease financial stress. “I can now save more or maybe take that long-pending vacation,” she said.

However, others are sceptical. Rajesh Verma, a small grocery store owner, expressed frustration that rising expenses would negate the benefits of reduced taxes. Inflation remains a major concern, with food and essential commodities continuing to get expensive. He said, “What’s the use of a tax cut if everything I buy—vegetables, pulses, fuel—is still getting costlier? My customers also have less purchasing power.”

The budget’s impact on employment, education, and healthcare is also a concern. While the government has announced incentives for start-ups and investments in infrastructure, many are unsure if this will translate into immediate job opportunities.

Aman Saxena, a recent college graduate, shares his concern: “Every year, the government talks about job creation, but where are the jobs? Fresh graduates like me are struggling for employment.”